Michael Belfor
6 Most Commonly Asked Questions About VA Loans
If you or a loved one has served your country and are now looking to buy a home, you may be wondering if you qualify for a VA loan. And...
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Michael Belfor
- Oct 26, 2021
- 3 min
What Is a Conventional Loan?
With all the specialized loan programs out there—FHA, VA, etc.—it’s easy for the standard, conventional loan to get lost in the shuffle....
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Michael Belfor
- Oct 19, 2021
- 4 min
What Is an FHA Loan?
What is an FHA loan? The literal definition of an FHA loan is pretty straightforward: It’s a mortgage that’s insured by the Federal...
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Michael Belfor
- Oct 12, 2021
- 4 min
How to Safely Apply for a Mortgage Online
Technology makes our daily lives so much easier—though that addiction to social media and doom scrolling is another story! Our tech-savvy...
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Michael Belfor
- Sep 28, 2021
- 4 min
The Do's and Don'ts of the Mortgage Process
Understanding the homebuying process is one thing, but did you know you should also have a solid grasp on the mortgage process before you...
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Michael Belfor
- Sep 24, 2021
- 1 min
Act Now Before the Fed Begins Tapering
There’s a lot of talk about the Federal Reserve cutting back their buying of mortgage bonds which has been keeping interest rates...
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Michael Belfor
- Sep 21, 2021
- 4 min
5 Ways to Protect Your Credit During the Homebuying Process
Protecting your credit is important all the time, but especially when you’re in the middle of—or about to begin—the homebuying process,...
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Michael Belfor
- Sep 14, 2021
- 5 min
Pros and Cons of Buying vs. Renting
Interest rates are low, and it seems like open houses are springing up everywhere now that COVID restrictions are lifted. You may even...
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Michael Belfor
- Sep 8, 2021
- 1 min
More Housing Bubble Fears in the Media
Home prices have risen 41% since 2006. This has prompted another round of media fearmongering that a housing bubble is imminent. We...
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Michael Belfor
- Aug 31, 2021
- 4 min
Real Estate Investing to Build Long-Term Wealth
There are so many options out there that promise to help you build wealth. High-interest rate savings accounts can make a few drops in...
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Michael Belfor
- Aug 24, 2021
- 4 min
Is 2021 a Good Time to Buy a Home?
It’s the age-old question: when is it a good time to buy a home? The problem with that question is it has no right answer. You can have...
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Michael Belfor
- Aug 18, 2021
- 1 min
To Buy or To Rent?
It’s true that home values have gone up quite a bit, but so have rents. Note that rents have gone up 14% since last year and they...
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Michael Belfor
- Aug 17, 2021
- 4 min
Down Payment Assistance: The Difference Between Gift Funds, Grants, and Loans
Down payments can be one of the most daunting parts of the homebuying process. We all know, it’s a lot of money! Thankfully, you don’t...
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Michael Belfor
- Aug 10, 2021
- 5 min
What You Need to Know about Sales Price vs. Appraised Value
Like any other item for sale, the value of a home can be viewed two ways: the price you pay for a home, which can be the list price—or a...
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Michael Belfor
- Aug 9, 2021
- 1 min
Is the Housing Boom Over?
The latest Mortgage Bankers Association data shows that home purchase applications are down 18% year over year. The media is...
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Michael Belfor
- Aug 3, 2021
- 6 min
10 Ways to Win a Bidding War on a House
In today’s competitive housing market, there’s a good chance that your offer won’t be the only one a seller is entertaining. It’s not...
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Michael Belfor
- Jul 28, 2021
- 3 min
Buy A House with No Down Payment
Do you want to achieve the dream of homeownership but dread the looming down payment you’ll need? Figuring out how to come up with a down...
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Michael Belfor
- Jul 24, 2021
- 3 min
How Much One Extra Mortgage Payment Can Save You
You finally own that home you always wanted and are benefiting from the financial perks, but with a new home comes monthly mortgage...
59 views
Michael Belfor
- Jul 21, 2021
- 1 min
Is Housing Slowing?
Are you thinking about purchasing a home, but media headlines have you wondering if we’re headed for the next housing bubble?
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Michael Belfor
- Jul 14, 2021
- 3 min
Ways to Get Creative when Paying Closing Costs
You finally found your dream home and feel like you’re ready to start down that road to homeownership. It’s such an exciting time! But...
72 views
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